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Cost pressure amid global economic shifts: Smaller businesses’ top concern

Future CFO

Key findings Cost pressure and the economy: SMEs face significant increases in utility prices and supplies, with 58% of businesses highlighting higher costs as their top concern. This significant challenge underscores the need for effective cost management and innovative financial strategies.

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The five challenges facing CFOs in a deadweight economy

Future CFO

The deadweight economy challenges an organization’s ability to meet corporate performance expectations by constraining traditional avenues for growth, pricing, investment funding, cost management, people management, and productivity gains and deadweight economic conditions can be expected to linger through most, if not all, of organizations’ current (..)

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Accounting Software Sage Intacct Rolls Out In UK

PYMNTS

Sage Intacct got its start as accounting software in Toronto and was created “by finance professionals for finance professionals,” the release said, adding the firm’s cloud-based tools enable both real-time decisions and long-term strategic planning.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

Strategic Uses Strategic Planning : Contributes to strategic planning by providing information on the organization’s cash flow patterns. It helps identify trends, fluctuations, and cash flow drivers, which are important for long-term financial sustainability and strategic decision-making.

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Walgreens Accelerates Digitalization In Q1

PYMNTS

We are confident our strategic plans are the right ones to drive long-term sustainable growth going forward. In addition, during the quarter we were very satisfied with the progress made in our Transformational Cost Management Program and with the strong cash flow we delivered.”. per the announcement.

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10 KPIs to Track Business Performance

The Finance Weekly

They are widely used in , strategic planning and reporting to guide investment decisions. This ratio highlights the percentage of your sales, general, and administrative costs that aren't directly related to producing your product. These expenses may include miscellaneous office costs that can impact your profits.

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Driver-based planning: the best of basics

Spreadym

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.